📊 OMEX Key Takeaways
Is Odyssey Marine Exploration Inc. (OMEX) a Good Investment?
Odyssey Marine Exploration is technically insolvent with negative stockholders' equity of -$32.8M and faces a severe liquidity crisis with a current ratio of 0.21x, indicating inability to meet short-term obligations. The company is burning cash with negative operating cash flow of -$3.8M while revenue has collapsed 54% YoY, with no viable path to operational profitability or debt service.
OMEX’s fundamentals are critically weak: revenue has collapsed, losses are extreme at both operating and net levels, equity is negative, and liquidity is strained. While gross margin is high and capex minimal, cash burn is heavy with negative interest coverage and outsized liabilities, implying material going‑concern and dilution risk. Without a credible path to grow revenue and repair the balance sheet, the risk profile dominates.
Odyssey Marine Exploration Inc. Key Strengths (OMEX)
- Minimal remaining cash position of $2.1M provides short-term runway
- Form 4 insider activity suggests some continued management engagement
- Positive net income of $347.3K (likely from non-operating items) masks severity temporarily
- High gross margin (81%) on limited revenue
- Minimal capital expenditure requirements
- Low reported long‑term debt ($3.0M)
OMEX Stock Risks: Odyssey Marine Exploration Inc. Investment Risks
- Negative stockholders' equity of -$32.8M indicates technical insolvency and extreme bankruptcy risk
- Critical liquidity crisis with current ratio of 0.21x and total liabilities exceeding assets by $70.8M
- Negative operating cash flow of -$3.8M and inability to cover interest payments with interest coverage of -1.8x
- Severe revenue decline of 54% YoY and minimal revenue base of only $22.5K unsustainable for operations
- Long-term debt of $3.0M cannot be serviced from operations
- Severe liquidity stress (current ratio 0.37x; cash $3.52M) with ongoing cash burn (OCF -$8.85M)
- Negative shareholders’ equity (-$37.65M) and large liabilities ($91.38M) elevate insolvency risk
- Shrinking revenue (-54% YoY) and deeply negative margins/interest coverage (-3.7x) heighten dilution and going‑concern risk
Key Metrics to Watch
- Stockholders' equity trajectory and solvency status
- Operating cash flow and cash runway before insolvency
- Revenue stabilization and return to growth
- Debt restructuring or refinancing activities
- Liquidity position and working capital management
- Operating cash flow and free cash flow
- Current ratio and cash balance
Odyssey Marine Exploration Inc. (OMEX) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
OMEX Profit Margin, ROE & Profitability Analysis
OMEX vs Transportation Sector: How Odyssey Marine Exploration Inc. Compares
How Odyssey Marine Exploration Inc. compares to Transportation sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Odyssey Marine Exploration Inc. Stock Overvalued? OMEX Valuation Analysis 2026
Based on fundamental analysis, Odyssey Marine Exploration Inc. has mixed fundamental signals relative to the Transportation sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Odyssey Marine Exploration Inc. Balance Sheet: OMEX Debt, Cash & Liquidity
OMEX Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Odyssey Marine Exploration Inc.'s revenue has declined by 75% over the 5-year period, indicating business contraction. The most recent EPS of $0.07 reflects profitable operations.
OMEX Revenue Growth, EPS Growth & YoY Performance
OMEX Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $22.5K | $347.3K | $0.01 |
| Q3 2025 | $61.0K | -$13.1M | $-0.11 |
| Q2 2025 | $135.0K | -$1.5M | $0.03 |
| Q1 2025 | $135.0K | $2.2M | $0.01 |
| Q3 2024 | $175.9K | -$3.8M | $-0.11 |
| Q2 2024 | $172.6K | -$1.5M | $0.03 |
| Q1 2024 | $203.1K | $3.5M | $-0.18 |
| Q2 2023 | $172.6K | -$4.7M | $-0.29 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Odyssey Marine Exploration Inc. Dividends, Buybacks & Capital Allocation
OMEX SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Odyssey Marine Exploration Inc. (CIK: 0000798528)
📋 Recent SEC Filings
❓ Frequently Asked Questions about OMEX
What is the AI rating for OMEX?
Odyssey Marine Exploration Inc. (OMEX) has a Combined AI Grade of D from Claude (D) and ChatGPT (D) with 94% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are OMEX's key strengths?
Claude: Minimal remaining cash position of $2.1M provides short-term runway. Form 4 insider activity suggests some continued management engagement. ChatGPT: High gross margin (81%) on limited revenue. Minimal capital expenditure requirements.
What are the risks of investing in OMEX?
Claude: Negative stockholders' equity of -$32.8M indicates technical insolvency and extreme bankruptcy risk. Critical liquidity crisis with current ratio of 0.21x and total liabilities exceeding assets by $70.8M. ChatGPT: Severe liquidity stress (current ratio 0.37x; cash $3.52M) with ongoing cash burn (OCF -$8.85M). Negative shareholders’ equity (-$37.65M) and large liabilities ($91.38M) elevate insolvency risk.
What is OMEX's revenue and growth?
Odyssey Marine Exploration Inc. reported revenue of $22.5K.
Does OMEX pay dividends?
Odyssey Marine Exploration Inc. pays dividends, with $0.0M distributed to shareholders in the trailing twelve months.
Where can I find OMEX SEC filings?
Official SEC filings for Odyssey Marine Exploration Inc. (CIK: 0000798528) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is OMEX's EPS?
Odyssey Marine Exploration Inc. has a diluted EPS of $-0.04.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is OMEX's fundamental grade?
Based on our AI fundamental analysis in May 2026, Odyssey Marine Exploration Inc. has a D grade with 94% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is OMEX stock overvalued or undervalued?
Valuation metrics for OMEX: ROE of N/A (sector avg: 18%), net margin of 1,543.8% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
What is OMEX's AI grade for 2026?
Our dual AI analysis gives Odyssey Marine Exploration Inc. a combined D grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is OMEX's free cash flow?
Odyssey Marine Exploration Inc.'s operating cash flow is $-3.8M, with capital expenditures of $16.1K. FCF margin is -17,103.8%.
How does OMEX compare to other Transportation stocks?
Vs Transportation sector averages: Net margin 1,543.8% (avg: 10%), ROE N/A (avg: 18%), current ratio 0.21 (avg: 1).